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Search Results 0 to 49 of about 185 (some duplicates have been removed)
CSPAN
Dec 9, 2013 12:30pm EST
financial institutions be willing to take on failing institutions when they might be taxed with the result? so, that's one issue of policy that we have to look at carefully. the committee was also concerned about one other thing that, which is really to me, in particular, and to other members of the committee, particularly troubling. and that is, that the, the charges that were placed against jpmorgan came after the chairman of the bank started to take on the government's policy in a number of areas. he was critical, i'm talking here of jamie dimon. he was critical of the, of the dodd-frank act and was critical of many other regulatory policies of the government. and, at the same time, he was in a sense, a spokesman for thing industry but an individual who was the chairman of a large bank then following those criticisms, came all of these charges against jpmorgan chase, which had previously been thought to be one of the healthiest and best-managed banks. so, the worry here is that the lesson that the government is, or the message that the government is sending is that, if you criticize the
CBS
Dec 6, 2013 12:00pm EST
to give yourself a break when it comes to your 2013 taxes. we're going to explain some steps you can take, coming up next, erica. >> it is raining out here right now, mike, but by the end of sunday, we could have some snow or slush on the ground. i'llell you why, coming up in the first alert seven-day forecast. >>> welcome back. besides celebrating the holidays, it's also a very good time to start looking at your finances. tax time is going to be here before you know it, so that's why sandra black from personal finance is here to tell us some steps you can take to make sure you're not going to get really pummelled when it comes to your 2013 taxes. thanks for coming in. are there things you can do right now with your withhold sng is that one of the things that you can manipulate this late in the year? >> what you can do is increase the amount of money taken from your pay check and put into your had 401k. you can ask some of it to come out into your 401k. it increases your retirement savings, which everyone needs to do, and second, that money won't be taxed, so that means you'll have less m
Al Jazeera America
Dec 9, 2013 7:00pm EST
about people at the top that have gotten much of the wealth? should we be taxing them more? >> that's a very important part. now if you look at estate taxes over the last ten years it has been on the decline. because the government has allowed wealthy government to pass more and more of their income on to their children and grandchildren. so that's a big issue. a lot of people in the top 10 of 1%, her not getting a paycheck, a lot of them are getting from investment returns. one thing about that is capitol gains taxes, taxed at a lower rate. and also if you look at wall street, and what's happening, in the dough jones and the s&p 500, you will see a lot of those returns are doing incredibly well. >> is there one thing that people at the middle income, or low income levels can do to dig themselves out? >> that's a great question. we focus on the individual, the one thing we really believe is that individuals have a tremendous power, to change their financial futures. if they just follow certain steps. everyone has a different story, things like living within their means. things that
CSPAN
Dec 6, 2013 8:00pm EST
freedom. less red tape, less taxes, more money left in detroit. the answer to poverty and unemployment is not another government stimulus. it's simply leaving more money in the hands of those who earned it. today i'm here to introduce something i call economic freedom zones. this is a bill that will be introduced next week in washington. these freedom zones will dramatically reduce tax and red tape so detroit businesses can grow and throb. he called his plan a conservative war on poverty. it's time we revisit some of the ideas of jack kemp and expand upon them. the bill that i will introduce, will introduce power and freedom zone. this political lower personal and corporate income taxes in detroit to 5%. my bill will lower the payroll tax, 2% for the employees, 2% for the employers. economic freedom zones will cut out the red tape that keeps new businesses from starting and old businesses from thriving. inside these ozones will suspend the capital gains tax. we will allow all small businesses to deduct most of what they invest in the first year of purchase. how will this differ from tr
CNBC
Dec 6, 2013 7:00pm EST
really bad risk pools. all right, so this is going to be budget neutral. not involved with tax payers. what they did not anticipate was that wasn't going on the an isolated problem, but an industry wide problem so then who comes in? the government. i'm sorry did i say if government? i mean the taxpayer. it's a bailout to make sure they don't leave the program after 2014. if they flee the program, the whole edifice begins to collapse. absolutely a bailout. >> as of monday, a good report from "the new york times" and others, as of monday, they're lowering the so-called individual threshold. it used to be $60,000 losses and then the government would help them out and now it's only $45,000. the enrollment is not going to favor the young people. this is a democratic thing. why are you democrats always in bed with the big corporations and this crony capitalism around the big trade you know on the labor? why can't you play it straight? >> and this is the same argument we're having over in the budget world where we don't want to close corporate tax loopholes? >> i want to close corporate tax
FOX News
Dec 6, 2013 2:00pm PST
. because rich people got their tax breaks. until they finally got them put back in. when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the 1% is going up, 34%, 99%, 4%, but they're going up, so that's a good thing. incoming equality is a misnomer. if the rising tide is rising all boat, raising all boats, that's a great thing. >> how can you say 15 years the top 1% increase of income take home pay is 247% and middle clashgs over the same 15 years, is 15%? you're saying that's equal? >> he's saying the numbers are rising up and that's good. >> it's better for everyone when this happens. >> when the rich people get richer? >> and the poor people get richer, yes. >> before you continue, let me ge
FOX Business
Dec 9, 2013 1:00pm EST
listing means for the exchange. lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in comparison but still end up arrow nonetheless. at least has been kept to the upside up about one-tenth of 1% to a quarter of a percent. it is worth watching the s&p, it is up nearly 27% this year, which is the best year we have seen since late 1998. we have a big deal today. talking about the food company, u.s. foods reached a deal to merge. the total enterprise of the transaction everything included is actually over $8 billion. up 11.5%. back to you. adam: so, deal or no deal. negotiators in the house and senate work to hammer out a budget deal before the house leave
CNN
Dec 9, 2013 3:30pm PST
it was reported the i.r.s. spent $4 billion in refunds to taxes to people who shouldn't have gotten them, 353 check toss one address in shanghai. 650 checks to lithuania. this is a level of incompetent on a scale because you have bureaucrats with paper, and crooks who have ipads. the second, what i've talked about going back to american enterprise speeches. we were just told with the passing of president nelson mandela that, even though he had visited five times, he was not delisted as a terrorist until 2008. now, how bad does the state department bureaucracy have to be in order to not notice that a sitting president is visiting the country and still on the list. finally something i want to ask governor abercrombie as an example -- >> i can't wait. >> i think this is one you'll be 100% with me. >> if you want a limited number of defense budget, wouldn't you rather see it spent at pearl harbor on real folks in the front lines than seeing it spent in thepentagon? every i.t. as it relates t obamca, relates to the defense partnt theyave a terrible procurement, wouldn't you -- speaking as an alum
Bloomberg
Dec 9, 2013 2:00am EST
japanese companies can stay competitive under his policies. regarding the corporate tax starting next fiscal year, we decided to reduce by 2.4% and we will be moving forward with reviews and studies on how corporate tax should be in order for japanese companies to stay competitive. thee will have a more from exclusive interview throughout the program. >> ukraine. protesters have flooded the streets of the capital among speculation that the president is going to sign up to a russian trade bloc. david tweed is there. angela merkel must be keeping a close eye on that. >> i want to give you an idea on how much of the german media and political establishment -- i want to show the right side the newspaper. this is the picture on the front and is also on the front of several other national newspapers that the statue of lenin was toppled late last night. and then decapitated. this is a big issue for angela merkel. last week, the german foreign with the president will stop some of the opposition of the coalition is quite well known. he's a former world champion boxer. the interesting thing is
CSPAN
Dec 6, 2013 10:00pm EST
that and lowering the corporate tax rate loopholes in a way that would be a better bargain for jobs in this country. to invest in universal prek. e need to continue to do the things that the president has jobs to rd to attract america from overseas and to n ing home jobs from america companies that are located overseas, bring them home to build on those trends. we need to continue to build on the trends, the positive trends we've seen in the manufacturing sector in this country. epresented by the automobile companies but also by host of signs and ive developments in manufacturing. so the president is not the east bit satisfied or complacent with where we are. that's why we really believes that we ought to have a spirited conversation about what are we going to do to reduce an equality. what are they going to do to jobs se the number of overall. but particularly the number of obs that pay a middle class wage and provide middle class security to families across the country. said in that speech that we done with e of this congress and where congress will take move, he action that he can on his own, fu
FOX News
Dec 5, 2013 6:00pm PST
white house quietly pass a rule giving unions a huge tax break under obama care? that investigation is next. later, a bus full of kids so out of control the driver had to call the cops. wait until you hear who wound up in trouble. >> [ bleep ] focus on what you're doing. what if you hit somebody? you think it's [ bleep ] funny, look at me like a man. you want to grow up and be a man? look at me like a [ bleep ] man. ] i better take something. [ male announcer ] dayquil cold and flu doesn't treat all that. it doesn't? [ male anner ] alka-seltzer plus fights your worst cold symptoms plus has a fast-acting antihistamine. oh, what a relief it is! >>> from the world headquarters of fox news, it's "the kelly file" with megyn kelly. >>> well, for several weeks now we have seen reports about unions complaining over a new obama care tax that is reportedly pricey. we are trying to learn if this administration has quietly passed a rule giving unions a very big break on that tax. trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan fo
FOX News
Dec 5, 2013 9:00pm PST
a rule giving unions a huge tax break under obama care? that investigation is next. later, a bus full of kids so out of control the driver had to call the cops. wait until you hear who wound up in trouble. >> [ bleep ] focus on what you're doing. what if you hit somebody? you think it's [ bleep ] funny, look at me like a man. mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a
FOX News
Dec 7, 2013 1:00am PST
with the top of that lead? >> that was a lot of crap. because the rich people got their tax breaks they finally got them put back in. rich people were getting big tax breaks. >> let me ask you this question. >> they're not is what you're trying to say? >> they took the tax breaks away. >> how do you explain the top 1% is outpacing by seven times -- >> how many years during obama's term did they have exactly what this is? >> believe it or not, president obama is wrong. he has widened the income gap but in a good way, bob. in a good way. one percentage going up 34% and 99% going up 4% and that's a good thing. incoming equality is a misnomer. if the rising tide is raising all boats that's a great thing. >> how can you say in 15 years the top 1% increase in income and the middle class, the same 15 years is 40%. do you think that's equal? >> he's saying it's going up. the numbers are rising up. >> i'm saying it's better for everyone when this happens. >> the rich people get richer. >> and the poor people get richer. >> let me get greg in here first. >> this argument about wealth or income inequality
CSPAN
Dec 9, 2013 2:00pm EST
the republicans oppose closing these loopholes, these tax loopholes. it is only the republicans in congress that oppose them, not republicans around the country. these loopholes are so big, you could drive the biggest vehicle in the world through them, mr. president. but we're where we are. despite the cost of the republican shutdown this fall, last week's jobs report proves the american economy continues to gain steam. private sector businesses have added more than eight million jobs over the last 45 consecutive months. if kweupbsz -- republicans insisted on short-term cuts that laid off teachers, firefighters, the economy would be growing even faster than it is today. mr. president, the presiding officer knows, we all know that we need an infrastructure program. for every $1 billion we spend as a government on infrastructure, roads, bridges, dams, highways, water systems, sewer systems, we create almost 50 thousand high-paying jobs. despite last week's good economic news, congress can and must do even more to create jobs for millions of americans who are still looking for work. unemployme
MSNBC
Dec 7, 2013 9:00am PST
, not just a job. >> reporter: and allem, there are no new tax hikes or spending cuts on the horizon as a part of these budget battles. no major ones at least. so economists say that will also bodes well for the recovery. alex. >> kristin it, quick question about the president's schedule next hour. what is this, a saban forum he's going to be attending that and speaking? >> that's right. that is sponsored by the brookings institution. he's going to be speakinging there a forum on middle east policy. white house officials say it's up to the moderators to set the tone. i can tell you that the title of the forum this afternoon, alex, is power shifts, u.s.-israeli relations in dynamic middle east. the backdrop to this forum, the recent deal struck with iran to freeze iran's nuclear programs for six months in exchange for scaling back some of the sanctions, israel didn't like the deal. as you know, that created fresh tensions between the united states and israel. no guarantee that that will be discussed during the forum, but certainly one of the big issues in the backdrop. then of course,
FOX Business
Dec 6, 2013 1:00pm EST
you give a word of caution yes, sir of the year? do we wait until january? people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up on my radar why did that stock go down? what is the specific issue. that is the way which i would property it. look for more of those divergences where there are stocks maybe at the market stays where it is, what is going down. why is it going down and look there if is there good fundamental reason to do it. we have a lot of political headlines in the election year. that could cause volatility in the markets. could be fun for people. cheryl: maybe now and january time to ease into the market? ease is the word of the day. >> like a hot
Bloomberg
Dec 8, 2013 6:00pm EST
will it be coming? quantitive easing. structural forms. is a consumption tax. it has been given. >> very big right now in terms of what these reforms are going to be. >> that is the question. you can see abenomics continue in rallying the troops. not everybody thinks the momentum is continuing. >> they used to advise. george soros and here he is. may be the fiscal conditions become sound. our life will be terrible. there is no exit. that is borrowing words again. he wants to end deflation. it is extreme. we were told deflation. >> how viable is that? anit is going to have to see extension. if you talk about the wages, it is probably the most important component they need to get on board. it is going to be really hard convincing the rest of the corporations that they should consider the projections. there's a economics theory of what inflation will produce. deflation is ending. biggest rise in winter bonuses. that is a big boost. these will start flowing to japanese consumers who absolutely are dependent. >> they're trying to wire this before the tax comes in. >> the fourth quarter is always usuall
FOX Business
Dec 5, 2013 4:00pm EST
difficult to borrow money. cities like nations depend on borrowing money to pay their bills. >> taxes will go up and services will get cut. that is not a good combination. david: talk about cities might be in the same boat. chicago of course we hear about. new york, particularly with a new mayor that has a lot of spending promises he may not be able to deliver on, baltimore, san bernardino, which ones will be next? >> san bernardino is already in bankruptcy. small cities already. desert hot springs on verge of pennsylvania. scranton, pennsylvania is insolvent. it would be in bankruptcy except state is keeping it out of bankruptcy. it has a big judgement has to pay workers it can't afford. you talk about chicago. chicago is not in the same kind of economic shape detroit is but chicago has a huge, huge pension problem. some of its pension funds are only 25 to 30% funded. moody's has suggested that they would have to double property taxes to pay off the pension debt over 30 to 40 years. you can't do that in a city. no one is quite sure how chicago will pay off the pension debt. you have
FOX News
Dec 9, 2013 6:00am PST
people are going to react? >> people will say, what did i do to deserve this after all you pay your taxes, work for a living. you've been forced to change your doctor. you've been forced to pay more for inwhich you may or may not need but the second sticker shock which is as you point out, heather, deductibles. the study was done by health pockket incorporated which studies this kind of thing. the federal exchanges, they found out the bronze plan has an average deductible for individuals of $5081. let's point out that is money you've got to shell out from your own pocket before insurance coverage kicks in. $5081 for the bronze plan. i don't think that is affordable to a lot of people, heather. >> i thought it was interesting, they were taking a look at say one woman having a baby. if you look at these numbers, it's not covered. they pay all of it out-of-pocket, is that right? >> that's correct. the average cost of having a baby in some states, the states studied was over $6,000. if your deductible is $5081 and more for a family, your birth is not covered. this may result in some, not in t
MSNBC
Dec 6, 2013 2:00pm PST
. and this is no doubt a product of republican policies that provide tax breaks to the wealthiest americans. grasp this number since the great recession started. 95% of income gains since 2009 have gone to the top 1%. sure, it's been a great return during the recession for the top 1 and 2%. but that line down at the bottom, it's still there. and the green line is when ronald reagan's trickle-down economics took effect. this graphic is a product of trickle-down economics. it doesn't work for wage-earners at all. republicans right now, they've got nothing to offer wage earners. nothing. nothing is on the table. no job security, no health care, no jobs, package, nothing. and here is their focus. on thursday, republican lawmakers attended the american legislative exchange council's, a.l.e.c.'s annual policy summit. full disclosure, our parent company, comcast, along with many other parent corporations, are associated with a.l.e. krcht, a conservative conversation that pushes stand your ground and opposes the minimum wage increase. this summit basically was a back room event. there were no recording de
CSPAN
Dec 9, 2013 2:00pm EST
. be the grandt lastin that dominated the three or four or five years. they're looking at any tax hikes that have been demanded by democrats. we are looking at tax hikes. they are also not looking at significant cuts to medicare, medicaid, or social security, which are areas republicans say needs to be done. instead we are looking at pretty small things and haggling over whether to have federal employees attribute more to their retirement -- employees contribute more to their retirement plans. they are also looking at things a spectrum that is going to be sold to telephone companies. they are looking at a small budget deal that would replace some of the sequester, the automatic spending cuts that were launched in 2011 as part of a but -- part of a different budget process. host: like can't there right now? caller: --host: why can't there be a grand bargain right now? caller: because republicans and democrats can't agree. all ryan, the chairman of the budget committee, and patty murray decided they were not going to go after the towels of the other party and just try to get something that was poss
FOX News
Dec 5, 2013 1:00pm PST
are expected to pay 10% of their after-tax income for health insurance policy that might have a $2,000 deduct illinois and some states the deductible is up to $6,000. these people are the healthy, invincibles and not a lot of people have disposable income no matter they're age to to have to put 10% of your disposable income out for something that is a piece of paper with a big deductible, is an uphill battle to convince these people to purchase. >> bottom line, the site is up and running and getting better and more people log on. apparently they're doing so but don't like what they see and log off. >> well, yeah. again, i think what you're going to see here is the president and the administration generally are going to have a campaign unlike we saw in 2008, unlike we saw in 2012, to save obamacare and they'll be pushing hard to get the young invincibles signed up. they want to sign sign 7 million people up by march 31. they won't have a million and a half people by december 1, which is a big deadline. you have to believe people who want insurance, who value insurance, have preexisting conditi
FOX News
Dec 8, 2013 9:00am PST
federal tax credits. the government encourages you. >> tell us about those? is it worth it to do it for the tax credit? >> it's a good deal. average price is $30,000. you can't go very far on it, not happy in it. i haven't ridden in it. i'm just talking about what consumer reports said. >> you would class it up. >> i would pimp that ride, absolutely. >> what are car manufacturers thinking? is this a big bottom line boost for them or will they back off because they are not earning money on them? >> they are really cutting into their margins. they are doing that because there's no other way to move these things off the lot. again, a lot has to do with gas prices. once they go up we see more demand. prices for other cars are going up. in one month from october to november, on average 3%, 1.1% year over year. these drastic price cuts could get them off the lot. >> would be nice to get into a tesla. >> it's a pretty car. >> as far as the gas prices you're talking about, the gas taxes are going up? >> they could. lots of talk that the gas tax is the way to fund -- can't find money anyw
NBC
Dec 6, 2013 5:00pm EST
. >> so, are poinsettias toxic to your pets? when you have a rebate, do you get charged tax on the original or discounted price? is it worth it to get the l.e.d. holiday rights instead of the traditional ones? time for ask liz. the first question comes from e-mail and emily is wondering, liz, if the popular poinsettia plant is actually toxic to her pets? >> we found your answer at the american society for the prevention of cruelty to animals. the poinsettia plants are not. the deadly flower's legend has them to be. it doesn't mean you want your pets to eat them. consuming poinsettia's may cause mild gastrointestinal problems. keeping it out of your pets reach is a good idea. >>> the next question is from ralph. he's been out holiday shopping, bought a tv that came with an instant rebate. the store charged him a sales tax on the original price of the tv instead of the discounted price. he's wondering why? >> why is that? the comptroller of maryland said the tax you pay is based on the type of coupon or rebate you use. typically, if you use a manufacturer's rebate, pay the sal
FOX News
Dec 9, 2013 3:00am PST
the memo from the supreme court. it is not a penalty. it's a tax. that tax will be 2.5% of your income in three years. that's how they're going to get, i guess, young people to voluntarily pay more than double. in wisconsin a young man 27 years old, on average his insurance costs will increase by 124%, from about $1,100 a year to over $2,400 a year. that is because of obamacare. the patient protection affordable care act. >> you have obamacare? >> they're trying to get it. we've only gotten a few members of our staff that have been able to sign up so far. i think they've got to sign up today in order to make sure it is in place. my staff is scrambling and my wife is trying to find insurance in the state of wisconsin. >> this week is going to be the medicaid week. the president and the white house are going to be talking about how great it is to expand medicaid. you're not against -- >> brian, we've got to remember in 2009 when this law was being debated, 85% of americans maybe were satisfied with the price of the health care but they liked the health care plan they were on. they liked
Bloomberg
Dec 8, 2013 8:00pm EST
of startup businesses. regarding the effective corporate tax rates starting next fiscal year, we have decided to reduce by 2.4%. we will be moving forward with reviews and studies as to how corporate tax should be in order for cap -- japanese companies to stay competitive. there is no end to abenomics. the cabinet will approve the related policies on the growth strategy. we will announce the timing of their execution and administer these policies. >> there is a growing number of criticisms saying that abenomics is running out of steam after .oday by state a showed growth james, why was growth revised down? what is the readthrough for this when it comes to the prime minister's policies? growth was much slower than we expected. it was 1.1% annualized which is lower than the estimate and much lower than the 3.6% we saw last quarter. the two main factors here causing the slowdown were business investment which has stalled and companies drawing down inventories. are going to pick up this quarter and in the next quarter, going until april when the sales tax rises because people are going to be out
CSPAN
Dec 7, 2013 4:00am EST
, cut taxes, and brought about fiscal disciplines to state's budgets. in the u.s. senate, he was a leading voice, advocating for fiscal restraint, on government spending. he also worked in a bipartisan manner, something missing right now, to seek consensus on several key issues, including financial services reform and health care. our plenary session will begin with remarks from senator huntsman and senator bayh to be followed by what i'm sure will be a great conversation facilitated by ntsl vice president senator curt scramble from utah, the senator pro tem. however, before we go to the comments, we'd like to share comments on you, the co-chairman that has no labels and governor huntsman. >> this is senator joe manchen, it's my leasure to send greetings to all of you. i regret i cannot join you in person. i send my best wishes for an enjoyable and productive meeting. the strength of legislators rest in your bipartisan efforts and your commitment to serve democrats, republicans, and dependents. it's something that we recognize that we need to work together and put the america
CSPAN
Dec 7, 2013 12:00am EST
lower our corporate tax rate and eliminate loopholes in a way that would be a better bargain for jobs in this country. we need to invest in universal pre-cash. we need to do the things that the president has put forward to attract jobs from overseas and to bring home jobs from american companies that are located overseas, bring them home to build on those trends. we need to continue to build on the positive trends that we have seen in the manufacturing sector and are of this country, represented by the automobile companies but also by a host of other development in manufacturing. the president is not the least bit satisfied or complacent with where we are. he believes we ought to have a spirited conversation about what are we going to do. what are we going to do to reduce inequality? what are we going to do to reduce -- increase jobs overall, particularly those that provide middle-class security across the country? he said in that speech that he believes that we can get some of this done with congress. where congress refuses to move, he will take action that he can on his own. this is
FOX Business
Dec 6, 2013 9:20am EST
for your 401(k). and then there is this. the split among democrats, taxes at the heart of it, the "wall street journal" weighs in on that. who knew, rodeo hits the big money. a barrel racer. and some airports say okay to eat cigarettes. we will take you there. and those russian diplomats milking medicaid, is it that easy to take our money? the answer is yes. watch out, charles payne and monica crowley are back. with more. ♪ look at this, it is a rally, stocks surging on the jobs report that came out an hour and half ago. last hour telling us a selloff is going to come this afternoon probably. charles payne is here, you disagree with that. charles: that has been the pattern. in those intraday sessions there was a point in the session we were up, in other words what the pattern has become, excitement in the daytime, morning and the professionals, the smart guys kind of selling into that. i don't think so. we will be challenged. stuart: are you or are you not protecting a 200-point rally at the close of trading? he will be happy with that? because the economy is stronger, profits are str
PBS
Dec 5, 2013 8:30pm PST
and of course domestic concerns continue over at the papal consumption tax hike in two thousand fourteen up weighing on investors' minds however prime minister she was odd that has repeated his government's stance that on his garden cart growth plans which he really hope so will pull the economy through so some domestic issues to focus on as well by every means the things seen a drop in the dollar where we this morning exactly especially from tuesday's local side the pairing right now. dollar yen hundred and one point eight pc to eighty five. it has talked to as i said compared to hundreds people in thirty seven inches on tuesday investors selling the dollar and concerns about the fact the scaling back its monetary easing programme and also taking profits from the recent dollar's rise against began. now all eyes are going to be on the u s jobs data released later today. euro yen the european central bank on thursday left its benchmark interest rates unchanged during and right now two hundred and thirty nine points fifteen to twenty it also slightly upgraded its outlook for growth in the reg
Al Jazeera America
Dec 6, 2013 10:00pm EST
the cities bound by land are bound by-laws. they have taxes and fire departments and local governments. >> some people say it could be a tax haven. it 345e nai notit may not be un. >> we do not anticipate we will flacflag the vessel under u.s. l have police force and fire protection and amenities that you need to provide in a land based city. there will not be real estate taxes but we need a revenue stream to provide for the services of the fuel and the crew and those will be dobb done condcondominium maintenance fee. we'll derrive fee basis for the commercial units that wil provie the safety and security of the ship and fuel and crews salaries as well. we have a social media question. >> maybe you can pick up the garbage floating in the sea and build a city on that. how will the ship be powered? do you have plans to build green? >> we have a fair amount of technology. it's going to be a showcase of environmental and green technology. and request respect to the blow propulsion they're electronic motors and we would require 100 bhaise100based on our tonnage. we are going to have inciner
FOX News
Dec 8, 2013 7:00am PST
handouts. he said lower the tax rate dramatically, 5% corporate and individual tax rate. school choice, education tax credits. various provisions to make it easier for people to invest in the inner city. he said, look, we tried government solutions. they haven't worked. so let's try market-based solutions, and that's his answer to a lot of these issues. i have to tell you, a steep road they have to climb. in detroit, for instance, in 2012, obama got 97% of the vote. mitt romney, 2%. >> does he actually believe the unemployment number? you know, there's been some speculation that it doesn't really accurately reflect what the situation is in our country? >> well, he points out the fact that for blacks, the unemployment rate is roughly double what it is for whites. and you know, regardless of what the statistics are, he understands there's a serious unemployment problem around the country but especially with minorities in the inner cities. he's saying that the typical liberal democratic solution is not the right way to go, that you need to go market-based and try something else because th
PBS
Dec 5, 2013 8:00pm PST
's a lot of bulky telling you there. obviously the massive taxes on corporations. but no it does raise some allotted in this interesting points about the oneness the week ok one is of additional protest ok and on who's got the money to state what can and can't work on latino. going into this paypal is looking at receiving upwards of five million dollars in restitution for the crimes of alleged crimes committed by these activists and now they're looking at receiving around eighty k on it so a lot of people were building up the stable no paypal that all the time to go out there and say no. don't tackle these kids don't open in jail and pierre recently just made a statement this week saying are you in all lighted leniency for it that people fourteen. i was hoping that you know why i plead his case of the spring over a little bit in the attention has spread and most readers know not many people talk about is the irc a weapon is randomly taking so much for filling as an adult i are out feelers to your website are good outcome for the latest on all the presents. when your dear a pro business grou
MSNBC
Dec 9, 2013 7:00am PST
with entitlements, the debt or tax reform and probably won't completely fix the sequester, but aides for senator patty murray and congressman paul ryan, the budget chairs working on the deal are at least determined to keep the government open and they think they can get the plan together for a vote later this week. one of the final sticking points in the deal could be unemployment. friday the unemployment rate dropped to 7%. that's the lowest since november of 2008. federal benefits expire at the end of the year and it's not clear if an extension would be included in any budget deal. >> i don't think we've reached that point where we've said this is it, take it or leave it. what i hear from patty murray, i spoke to her the other night, negotiations are making progress, moving in the right direction. >> i want to bring in our company, carrie budoff brown, ron fornier. good morning. >> good morning. >> carrie, is getting a deal done, if it does happen this week, a major milestone or is this the smallest possible thing they could do just to keep the government up and running? >> well, it's more sig
MSNBC
Dec 9, 2013 1:00pm PST
nothing. they have done nothing about the longterm entitlements. nothing about restructuring the tax code. nothing. so basically, both sides have agreed to just move along, essentially not replacing the sequester entirely. so i wouldn't call that a victory, unless you're subject to the -- the soft bigotry of low expectations. >> dana, i knew you were going to quote george w. bush on affirmative action. >> and, of course, they have -- they have punted on the issue that is of very immediate concern, and that is the need to help these people, as they always have been helped in a difficult job market as this is now. so it would be, i think -- it would be startling if they did nothing and had all these people losing their unemployment benefits right in time for the christmas season. >> and perry? >> key distinction, the republicans for a long time have favored reducing unemployment benefits. right now, under federal law, you have up to 73 weeks of unemployment benefits. that's why -- there's a number that's been high, because the recession has been so difficult and people have a hard time find
CSPAN
Dec 8, 2013 3:10pm EST
investment for our tax payers? >> it is not spending, it's an investment. you are absolutely correct. >> thank you. >> thank you very much. >> i appreciate this opportunity. it's a fascinating conversation. i want to focus on the testimony of dr. robinson. hearing is important because it highlights the testimony of now moving as a away from a philosophy toward higher education that focuses only on access and starts to look at success. i'm a product of pell grants. i could not have graduated from wabash college without pell grants. i have lived the importance of these degrees great but the world has changed a lot in last 40 years. i would say the federal financial aid system is one of the great success stories in the history of the federal government. access, weal was provided access to higher education for people in this country like never before. the challenge is, when these programs started 40 years ago, access was enough. when you looked at the income potential is someone with just a little time in college, your income potential was higher. today, that has changed. if you don't gr
CNBC
Dec 6, 2013 6:00am EST
nothing with intiethsmentes, nothing with tax reform, nothing with -- just paying for some, you know, trying to lessi inen the effect sequestration. >> look at the different points on the board. at this point in the game, we'll take that, right? >> and then the other thing that i just wanted to mention in following up on our conversations is what's going on in china? my man. my man. for the democratic party, i'm with biden. did you see, they send him over to china, boom, done. send my man joe over there who is like yeah, yeah, pats a couple can people on the back, tells a couple of jokes, takes back a couple of things he said and everybody is friends. he does it here, too, but it's already fixed over there. >> we have joe on here. >> carries out the plan and -- blow hardy. you send joe over, boom, done, fixed. thanks, joe, .and then they go out to a club probably. i don't know. anyway, back to wall street's top stories this morning, the november november jobs report current nonfarm payroll, it's 180. do you know the number? you know the number? no, you don't know the number a lot. >>
MSNBC
Dec 7, 2013 7:00am PST
reforming the corporate tax code, offer high quality preschool to every child, encourage low-income students to attend college, enforce collective bargaining laws, raise the minimum wage and he challenged republicans, who posed those policy proposals to step up and offer their own. >> you owe it to the american people to tell us what you are for, not just what you're against. that way we can have a vigorous and meaningful debate. that's what the american people deserve. that's what the times demand. >> but here's challenge. for republicans to offer proposals of their own, they would first need to acknowledge that the growing income disparity in america is in fact, you know, a real thing, and have to decide if ideolodge cll cli it's an issue wooirt dressing and if so if it is the government's problem to fix. joining the table is mark mor yell, president and ceo of the national urban league and former mayor of my city, new orleans, joel berg, the executive director of the new york city coalition against hunger, and ovit roy, a senior fellow at the manhattan institute. i want to ask amy quickly
CNBC
Dec 5, 2013 5:00pm EST
is doing a broad review. when it comes to the tax credit of taxpayers out there, when a tax credit gets invested into the solar system it actually gets a return. there is actually a benefit. >> okay. and of course, you know, if the extrapolation of this analogy has gone bankrupt and you say that's absolutely off the table. if the subsidies were removed, what would happen to your company? >> if they were removed today, we would struggle. we do need it today to get to scale. but that is not actually a fair question. if you were to do that you would have to take subsidies away to different tax advantages that the fossil fuel industry has. if you were to take away those benefits for them, the cost of electricity would go up dramatically. >> you're saying that it's a risk that not just your company faces but every company? it is the same risk across the board? >> well, today, energy is subsidized. as time goes on, what we do know is our cost is coming down and the cost of fossil fuels continues to go up. the penetration of solar is only less than 1%. think of how much cost reduction will occ
Bloomberg
Dec 8, 2013 1:30pm EST
. if they are going punt on entitlements and taxes, which they're going to do, they will not do it next year either, are they? >> i am starting to believe that none of that can happen meaning structural changes to entitlements until we have another big election or some kind of big economic shock that forces these lawmakers to come together. the house is a big part of the problem but the senate is becoming a big part of the problem as well. this goes back to politics and the fact that individual lawmakers, republicans specifically are so concerned about challenges from the right instead of having a democrat challenge them that they are not going to cut a deal that makes them look like they are not conservative. >> they only have about a week left, will anything they will get done? >> there are things they have to get done. this year, we have unemployment insurance expiring for 1.3 million americans. there is a farm bill that is expiring. you can see shocks in the dairy market. there is also other housekeeping things. we will confirm another fed governor. there's a lot that needs to be addressed. >>
Al Jazeera America
Dec 9, 2013 4:00pm EST
that's easily construed as a tax. >> the house is a tricky part. the conventional wisdom is if it passes the house it can pass the senate. there are a lot of conservatives who don't want any spending, they are going to be flatly refusing it. the others will accept fees, does that count as a tax or something okay. and grover norrequisite has talked about this. he basically said he wasn't in -- norquist has talked about this. it's going to be close. >> brad, appreciate your time. thank you. >> thank you. >> he's from the washington post and joining us from washington, good to talk to you. >>> a brutal mix of ice, snow and bitter cold has become a really deadly mix from coast to coast right now. travel is dangerous. and if you have booked a flight you may want to call ahead before you get to the airport. chances are it would be a good bet. let's get a check on the weather system now with meteorologist dave warren. dave. >> yeah, it looks like the weather system is really holding together. it's moved out, we're getting a break between system, the pattern is really the same. w
FOX News
Dec 5, 2013 10:00pm PST
pay taxes on it. it causes unemployment. >> what do you say to people who lose jobs? >> listen to me. >> that doesn't help. minimum wage has nothing to do with it. >> the increase is 5% in the last 35 years. this is not america. >> we have already doubled. >> this is america. i'm proud of my country. >> we have doubled the number of people on food stamps. >> you are against filibusters. >> here's the problem. what is jamu going to say to people who lose the jobs? >> section 8 housing, food stamps. >> when you pay a minimum wage -- >> no, raise the cost of products and people buy fewer. >> people on a poverty wage, they have to get food stamps. they have to be on medicaid. >> there will be fewer people employed. sean hannity, go to mcdonald's, wendy's and say who in line the to buy hamburger wants to pay additional money for it? it will raise the price of the burger. >> you will lower the amount of people on food stamps. you will lower -- >> you're making it up. >> this is a fact. >> you're not looking at the economics. >> stop, stop. please don't filibuster. have you ever worked in a
FOX News
Dec 5, 2013 11:00pm PST
you are finding the money. i think people are taxed to death and i don't mind two-tier health care if you want it, pay for it. i understand it. but you know, and we have general health care up here. but, you know, it's going to cost a fortune for you to put in this obama care. and i don't see how the people will afford it. >> the mayor was invited to talk about sports. >>> and now to a warning to computer users around the world. more than 2 million facebook, google and twitter passwords have been stolen. online networks have disabled affected passwords and that's tonight's speed read. >>> why do the democrats tell us things they know aren't true. >> remember what he president said? if you like your insurance, you can keep it. >> if you like your health care plan, you can keep your health care plan, period. >> what he said was true. >> okay. >> if you want to keep the insurance you had, you can keep it. >> you know that one's not true. and so do they. maybe they should call this guy. >> i got a letter in the latter part of october from florida blue and they told me that by the summ
FOX News
Dec 8, 2013 11:00am PST
at that plan. you had sent a flat individual and corporate tax rate with 5%. give parents more school choice and education tax credits and loosen visa rules to encourage entrepreneurs to open businesses. while those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. the president pours a trillion dollars into the nation's economy when you divided it out, it was about $400,000 per child. the problem with a government stimulus is you pick the winners and loser rs. with this stimulus i'm talking about, a free market stimulus, you simply leave the money in the hands of those who have earned it, so the customers have pickeded out the successful people. those people get more money. like i met a young man, young african man who has his own restaurant. his first question is do you have any tax breaks for me for my business. that's what what would do. help people in business and trying. >> but i don't have to tell you senator, republicans have a steep hill to climb in inner city neighborhoods. in
ABC
Dec 8, 2013 8:00am PST
that is called mandatory spending. keep the budget caps in place. not raise taxes. which is important in the weak economy. and actually avoid a government shutdown. i'm hopeful by the end of the week we can come together and achieve it. >> one of the sticking points, the extension of the unemployment benefits for the long-term unemployed. senator durbin, nancy pelosi saying there is no deal without having those benefits extended. are the democrats united on that? no extension, no deal? >> i don't think we have reached the point where we have said this is it, take it or leaf it. i spoke to patty murray the other night. negotiations are moving in the right direction. making progress. they haven't closed the deal. but i certainly hope as part of it, the negotiators will take to heart what the president had to say. there are working families across america that are struggling. there are unemployed families that need a helping hand. we have to protect and preserve the safety net in america and give these working families a fighting chance. >> can the republicans live with that? can you get an extensio
MSNBC
Dec 6, 2013 7:00am PST
was on the ways and means committee, we drafted a bill to cut off all tax benefits to united states firms doing business in south africa. which meant that in addition to paying taxes to them, they had to pay taxes to the united states. and that meant that most all of them immediately left there. so i had no idea that president mandela or at that time when he was released from jail before i went back for the campaign. and someone was telling him about the rangel amendment, and he said no, not the rangel amendment. i said i'm going to be embarrassed. he said no, in south africa it's known as the bloody rangel amendment to the whites. his sense of humor on serious issues is equality that quite frankly and i've given it a lot of thought before i've said that that i've never seen or heard that anyone would ever have. >> congressman charlie rangel, always good to have you on the program. but thank you so much for coming in on this day in particular. it's good to see you. >> thank you, chris. >> we will return to our coverage of nelson mandela's life after the break. south africans have been singing a
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